Friday, June 29, 2007

UPDATE 1-Savvis cuts '07 revenue view; prepays $342.5 mln debt

(Reuters) - Microsoft has been the sole customer in the data centers
under a colocation contract due to expire at the end of 2010.
This contract generated about $16.5 million of revenue for the
first half of 2007, the telecommunications carrier said.




For 2007, the company now sees total revenue of $805
million to $820 million, down from its prior view of $820
million to $835 million. Analysts on average expect $827.6
million, according to Reuters Estimates.


Read more at Reuters.com Mergers News

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